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Podcast: The Dividend Cafe
Episode: Nothing New Under the Sun
Description: Tell me what you think about these two statements:
(1) Markets are dynamic, ever-changing forces. They are never predictable, their outcomes are never assured, the inputs are constantly adjusting with the ebbs and flows of different circumstances and facts that have to be monitored, studied, and adjusted as needed.
(2) There is nothing new under the sun.
I believe these two statements are both true, and I believe that the apparent contradiction between the two actually represents one of the great challenges and obligations for professional investment managers. And that is the subject of today’s...